The benefit of experience

Someone once said; “When a man with money meets with experience, the man with experience ends up with the money and the man with money ends up with the experience.” We are reminded of this quote after watching the recent upward movement in shares of MannKind (NASDAQ: MNKD). Yes, shares have been on a tear lately rising over 70% in the last month alone. Now many will interrupt this recent rise that the company has put the worst behind them and better days lie ahead.

That may be true but when it comes to MannKind and how shares move this . . .